Who is Scott Thompson ?
Scott Thompson, New Yahoo! CEO, Ex Paypal Chief.
“Scott brings to Yahoo! a proven record of building on a solid foundation of existing assets and resources to reignite innovation and drive growth, precisely the formula we need at Yahoo! His deep understanding of online businesses combined with his team building and operational capabilities will restore the energy, focus, and momentum necessary to grow the core business and deliver increased value for our shareholders. The search committee and the entire Board concluded that he is the right leader to return the core business to a path of robust growth and industry-leading innovation” Roy Bostock, Chairman of the Yahoo! Board
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| Scott Thompson, New Yahoo! CEO 2012 |
Scott Thompson Biography
Scott Thompson is the President of PayPal. Scott previously served as PayPal's senior vice president and chief technology officer where he oversaw information technology, product development, and architecture for PayPal.
Prior to PayPal, Scott worked for Inovant, a subsidiary of Visa formed to oversee global technology for the organization. As executive vice president of technology solutions at Inovant, he was responsible for all development, support and maintenance of Visa's global payment system.
Scott was also chief information officer of Barclays Global Investors, where he implemented a new strategic technology platform and global infrastructure. In addition, he has worked with Coopers and Lybrand, delivering information technology solutions to leading financial services clients such as Wells Fargo. Scott received a bachelor's in accounting and computer science from Stonehill College.
Scott Thompson In Paypal and Ebay
Mr. Scott Thompson serves as an Advisor of Ignite Capital. Mr. Thompson served as the President at PayPal, Inc. He served as the Chief Technology Officer of PayPal, Inc. since February 7, 2005. Mr. Thompson has overall responsibility for growing the global leader in online at payments PayPal. He served as a Senior Vice President of Product Development, Technology, and Operations at PayPal, Inc. from February 7, 2005 to January 2008.
Mr. Thompson oversees all aspects of global payment systems, including product roadmap, architecture, information management, and operations. Mr. Thompson focuses on the technology issues of the Ignite Capital. He also served as a Senior Vice President at Ebay Inc. from February 7, 2005 to January 2008. Mr. Thompson joined PayPal from Inovant LLC. From September 2001 to February 2005, he served as an Executive Vice President of Technology Solutions of Inovant LLC, where Mr. Thompson was responsible for all development, support, and maintenance of Visa's Global Payment System, which processed tens of billions of transactions in 2004.
From April 2000 to February 2005, he served as an Executive Vice President and Global Chief Information Officer for Inovant/VISA International. From August 1997 to April 2000, Mr. Thompson served as the Chief Technology Officer and Executive Vice President, Systems Group at Visa U.S.A., Inc. From 1998 to September 2001, he served as the Chief Information Officer and Executive Vice President of Technology and Support Services for Visa USA.
Mr. Thompson served as the Chief Information Officer of Barclays Global Investors, where he implemented a new strategic technology platform and global infrastructure. In addition, Mr. Thompson has worked as a Partner with Coopers and Lybrand. He serves as Board of Advisor at Yola, Inc. He has been Director of PerkStreet Financial, Inc. since November 16, 2011. He has been a Director of F5 Networks Inc., since January 2008, Vertica Systems, Inc. since August 11, 2010, Splunk, Inc. since November 2011 and Zuora Inc. since September 2008.
Mr. Thompson serves as a Member of Advisory Board at FastScale Technology, Inc. He served as a Member of Strategic Advisory Council of Tablus Inc. Mr. Thompson holds a B.S. degree in Accounting and Computer Science from Stonehill College. (Busines Week)
Scott Thompson Awards
Scott Thompson received the Ernst & Young Entrepreneur Of The Year© Award in 2011. The Ernst & Young Entrepreneur Of The Year© award is the world’s most prestigious business award for entrepreneurs, spanning more than 140 cities and 50 countries worldwide.
Yahoo! makes ex-PayPal chief Scott Thompson new CEO
Yahoo! has officially made ex-PayPal chief Scott Thompson its new CEO, the company has confirmed, with Thompson taking up the new role – as well as a board position – on January 9 2012. The potential hire was rumored this morning with insiders tipping its announcement as imminent; according to Yahoo!, his “primary focus will be on the core business” and will include decisions on “specific investments or dispositions of assets” as the company attempts to turn around its ailing fortunes.
The Yahoo! board is obviously hoping Thompson can bring some of his PayPal shine to its own bank account. While at the payments company, he saw the user-base more than double and pushed revenues over the $4bn mark.
However, Yahoo!’s problems – and the road ahead – certainly seem more troubled than what PayPal faced. The company has 700m users, though has struggled to find a role in the current online ecosystem. “Speed is important but we will attack both the opportunity ahead and the competitive challenges with an appropriate balance of urgency and thoughtfulness” Thompson says of the challenge. Acting CEO Tim Morse will return to his role as CFO when Thompson joins Yahoo! next week.
Source : Wikipedia and Busines Week
